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Coles supermarkets is currently offering a Platinum No Annual Fee MasterCard credit card with an interest rate of 19.99% per annum(APR) calculated daily on purchases
Coles supermarkets is currently offering a Platinum No Annual Fee MasterCard credit card with an interest rate of 19.99% per annum(APR) calculated daily on purchases and cash advances, but with up to 62 days interest free on purchases if you pay the full balance off each month. If you buy $1000 of purchases at the start of the cycle and pay the full amount when due 62 days later, how much interest charge are you avoiding?
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Youd avoid an interest charge of 3396 by paying off your 1000 Coles Platinum No Annu...
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Contemporary Business Mathematics With Canadian Applications
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
12th Edition
0135285011, 978-0135285015
